Africa’s Natural Resources and Underdevelopment: How Ghana’s by Kwamina Panford

By Kwamina Panford

This ebook explores how African nations can convert their traditional assets, rather oil and gasoline, into sustainable improvement resources. utilizing Ghana, one of many continent’s most modern oil-producing nations, as a lens, it examines the "resource curse" confronted by way of different manufacturers - reminiscent of Nigeria, Angola, and Equatorial Guinea - and demonstrates how mismanagement in these international locations grants precious classes for brand new oil manufacturers in Africa and elsewhere. Relying on a huge diversity of fieldwork and policymaking event, Panford indicates useful measures for resource-rich constructing nations to rework common assets into necessary resources that may aid create jobs, develop human assets, and increase dwelling and dealing stipulations in Ghana particularly. He indicates monetary, criminal, and environmental antidotes to source mismanagement, which he identifies because the significant main issue to socioeconomic improvement in international locations that experience traditionally trusted ordinary resources. 

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